{"id":51940,"date":"2026-05-22T02:56:41","date_gmt":"2026-05-22T00:56:41","guid":{"rendered":"https:\/\/www.ketier.com\/?p=51940"},"modified":"2026-05-25T22:40:43","modified_gmt":"2026-05-25T20:40:43","slug":"what-type-of-property-to-buy-new-build-renovated-to-renovate-or-build-from-scratch","status":"publish","type":"post","link":"https:\/\/www.ketier.com\/en\/blog\/what-type-of-property-to-buy-new-build-renovated-to-renovate-or-build-from-scratch\/","title":{"rendered":"What Type of Property Should You Buy: New Build, Renovated, to Renovate or Build from Scratch"},"content":{"rendered":"<p><strong>Choosing a home is not only about selecting a location or comparing square metres.<\/strong> In high-end residential markets such as the <strong><u><a href=\"https:\/\/www.ketier.com\/en\/localidad\/madrid\/\" title=\"\">premium neighbourhoods of Madrid city<\/a><\/u><\/strong>, <strong><u><a href=\"https:\/\/www.ketier.com\/en\/buy\/\" title=\"\">Northwest Madrid<\/a><\/u><\/strong> or <strong><u><a href=\"https:\/\/www.ketier.com\/en\/categoria\/where-to-live\/benahavis-marbella\/\" title=\"\">Monte Mayor, in Benahav\u00eds (Marbella)<\/a><\/u><\/strong>, the real value of a purchase also depends on the condition of the property, taxation, the time available to enjoy it, the technical risk assumed, the scope for personalisation and the buyer\u2019s long-term wealth strategy.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.ketier.com\/wp-content\/uploads\/Piso-B-Salamanca-2611-Salon-05.webp\" alt=\"Luxury renovated property in the Salamanca District, Madrid\"\/><figcaption class=\"wp-element-caption\">Renovated and furnished homes in prime areas of Madrid allow buyers to enjoy consolidated locations with a contemporary residential experience.<\/figcaption><\/figure>\n\n\n\n<p>Buying a new-build home is not the same as buying a fully renovated property, a renovated and furnished apartment ready to move into, a home undergoing renovation, a property in good condition, a home requiring a full refurbishment, or a plot of land on which to build a house from scratch. Each alternative has clear advantages, but also hidden costs, timelines, taxes, risks and very different buyer profiles.<\/p>\n\n\n\n<p>At <strong>Ketier<\/strong>, in this guide we analyse which type of property may be most suitable depending on the buyer profile, the location, the intended use and the investment horizon, with a special focus on three markets where we regularly operate: <a href=\"https:\/\/www.ketier.com\/en\/localidad\/madrid\/\">Madrid city<\/a>, Northwest Madrid and <a href=\"https:\/\/www.ketier.com\/en\/viviendas\/luxury-villa-near-marbella-monte-mayor-benahavis\/\">Monte Mayor, Benahav\u00eds<\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">Article index<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"#general-comparison\">General comparison: which option best suits each buyer<\/a><\/li>\n\n\n\n<li><a href=\"#new-build\">1. New-build property<\/a><\/li>\n\n\n\n<li><a href=\"#fully-renovated\">2. Fully renovated property<\/a><\/li>\n\n\n\n<li><a href=\"#renovated-furnished\">3. Renovated and furnished property<\/a><\/li>\n\n\n\n<li><a href=\"#under-renovation\">4. Property undergoing renovation<\/a><\/li>\n\n\n\n<li><a href=\"#good-condition\">5. Second-hand property in good condition<\/a><\/li>\n\n\n\n<li><a href=\"#to-renovate\">6. Property to renovate<\/a><\/li>\n\n\n\n<li><a href=\"#plot-traditional-construction\">7. Buying a buildable plot and building a traditional house<\/a><\/li>\n\n\n\n<li><a href=\"#plot-prefabricated-house\">8. Buying a buildable plot and building a luxury prefabricated home<\/a><\/li>\n\n\n\n<li><a href=\"#by-location\">9. Which option fits best depending on the location<\/a><\/li>\n\n\n\n<li><a href=\"#conclusion\">10. Conclusion<\/a><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"general-comparison\">General comparison: which option best suits each buyer<\/h2>\n\n\n\n<p>Before analysing each category in depth, it is useful to have a general overview. In a high-value transaction, the decision should not be based solely on the purchase price, but on the total entry cost, taxation, the time required before the property can be used, construction or renovation risk, revaluation potential and the ease of a future resale or rental.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Type of property<\/th><th>Main advantage<\/th><th>Main risk<\/th><th>Usual taxation for the buyer<\/th><th>Most suitable profile<\/th><\/tr><\/thead><tbody><tr><td>New build<\/td><td>Efficiency, guarantees and contemporary comfort<\/td><td>High entry price and less room for negotiation<\/td><td>10% VAT + AJD depending on the autonomous community<\/td><td>Buyer seeking security, low maintenance and a modern product<\/td><\/tr><tr><td>Fully renovated<\/td><td>Consolidated location with a contemporary interior<\/td><td>The real quality of the renovation<\/td><td>Usually ITP if it is a second or subsequent transfer<\/td><td>Buyer who wants to avoid building works without giving up a prime location<\/td><\/tr><tr><td>Renovated and furnished<\/td><td>Immediate use or faster rental launch<\/td><td>Paying for interior design that may not suit the buyer<\/td><td>Usually ITP; the furniture should be valued separately where appropriate<\/td><td>International client, investor or buyer with urgent timing<\/td><\/tr><tr><td>Under renovation<\/td><td>Personalisation with part of the work already advanced<\/td><td>Timelines, changes and cost overruns<\/td><td>ITP or VAT\/AJD depending on the transaction structure; improvements subject to VAT<\/td><td>Buyer who wants to adjust specifications without starting from scratch<\/td><\/tr><tr><td>In good condition<\/td><td>Fast entry and gradual improvements<\/td><td>Underestimating upgrade costs<\/td><td>ITP on second-hand property; subsequent improvements subject to VAT<\/td><td>Practical families and buyers with a gradual upgrade strategy<\/td><\/tr><tr><td>To renovate<\/td><td>Maximum potential for personalisation and value creation<\/td><td>Technical risk, licences and budget deviations<\/td><td>ITP on purchase + VAT on works + possible licences\/ICIO<\/td><td>Buyer with patience, a technical team and a long-term wealth vision<\/td><\/tr><tr><td>Plot + traditional construction<\/td><td>A fully tailor-made home<\/td><td>Timelines, licences, planning rules and cost control<\/td><td>ITP or 21% VAT on land + VAT on construction + AJD\/ICIO depending on the case<\/td><td>Families or private clients looking for a definitive home<\/td><\/tr><tr><td>Plot + luxury prefabricated home<\/td><td>Design, efficiency and potentially more controlled timelines<\/td><td>Not always cheaper or simpler from an urban-planning perspective<\/td><td>Similar to self-promotion: land + construction + licences<\/td><td>Modern buyer, sensitive to efficiency and industrialised architecture<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>In Madrid city, the scarcity of land means that renovated, renovated and furnished, or to-renovate properties have particular relevance. In Northwest Madrid, the plot, garden, schools, privacy and family functionality carry more weight. In Monte Mayor, the decision revolves around views, privacy, architecture, topography, orientation and the relationship between the home and the landscape.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"new-build\">1. New-build property: efficiency, guarantees and comfort from day one<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.ketier.com\/wp-content\/uploads\/Chalet-Independiente-Club-de-Golf-Las-Rozas-Exterior-53.webp\" alt=\"New-build chalet in Las Rozas Golf Club\"\/><figcaption class=\"wp-element-caption\">New-build homes in Northwest Madrid often provide contemporary architecture, efficiency and a more fluid relationship between the interior, garden and swimming pool.<\/figcaption><\/figure>\n\n\n\n<p>For many buyers, a new-build property is the most rational option when they are looking for contemporary comfort, energy efficiency, no renovation works and a clean residential experience from day one. In Madrid city, new-build homes are usually found in very specific developments, full building refurbishments, boutique projects or high-end developments in very scarce locations. In Northwest Madrid, they are more commonly found in developments of chalets, semi-detached homes, single-family houses or low-density residential schemes. In Monte Mayor, the concept of new build is usually associated with contemporary villas, projects on plots or design-led homes integrated into the landscape.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>The great advantage of a new-build property is <strong>technical certainty<\/strong>. The buyer acquires a home designed under current standards: better insulation, modern installations, aerothermal systems, underfloor heating, efficient climate control, high-performance carpentry, home automation, pre-installation for electric vehicles, better-integrated outdoor spaces and layouts adapted to contemporary living.<\/p>\n\n\n\n<p>In a new-build home, especially in the premium segment, the layout usually prioritises large social areas, open or semi-open kitchens, en-suite bedrooms, terraces, energy efficiency, natural light and a more fluid relationship between indoor and outdoor living. This is especially valuable in family homes in Northwest Madrid or villas in Monte Mayor, where the garden, swimming pool, views and privacy are essential components of residential value.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>The main disadvantage is usually the <strong>entry price<\/strong>. New-build homes include a premium for being brand new, efficient, well designed, covered by warranties and requiring less maintenance. In addition, in consolidated areas of Madrid city, the scarcity of available land and buildings makes prime new-build product limited and highly sought after.<\/p>\n\n\n\n<p>In off-plan projects there is also timing risk: licences, construction, delivery dates, final specifications and possible delays. Therefore, although new build greatly reduces technical uncertainty compared with a renovation, it does not completely eliminate calendar risk or the need to carefully review the contract, specifications, guarantees, bank guarantees and planning status.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>In general terms, the purchase of a new-build residential property is subject to <strong>10% VAT<\/strong>, as it is a first delivery, and also to <strong>Stamp Duty<\/strong> \u2014in Spain, <em>Actos Jur\u00eddicos Documentados<\/em> or AJD\u2014 when the transaction is formalised in a public deed. In Madrid, for high-value homes, the applicable AJD rate is usually <strong>0.75%<\/strong>. In Andalusia, relevant for Monte Mayor, the general AJD rate is <strong>1.2%<\/strong>. You can check the Spanish Tax Agency\u2019s official guidance on VAT and Transfer Tax when buying a home on its page about <a href=\"https:\/\/sede.agenciatributaria.gob.es\/Sede\/iva\/iva-operaciones-inmobiliarias\/compro-vivienda-tengo-que-pagar-itp.html\">VAT or ITP when buying a property<\/a>, the Community of Madrid information on <a href=\"https:\/\/www.comunidad.madrid\/atencion-contribuyente\/actos-juridicos-documentados\">Stamp Duty<\/a> and the Junta de Andaluc\u00eda information on <a href=\"https:\/\/www.juntadeandalucia.es\/organismos\/economiahaciendayfondoseuropeos\/areas\/tributos-juego\/tributos\/paginas\/impuestos-cedidos-transmisiones.html\">ITP and AJD<\/a>.<\/p>\n\n\n\n<p>The buyer should also factor in notary, land registry and administrative management costs and, if financing is involved, valuation costs. In high-value transactions, the difference between VAT + AJD and a second-hand property subject to ITP can have a significant impact on the initial cash requirement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>New-build property is especially suitable for families seeking an efficient and definitive home, international buyers who want security and ease of management, private clients who value long-term asset preservation, buyers who prioritise sustainability and people with limited time or low tolerance for renovation uncertainty.<\/p>\n\n\n\n<p>In Madrid city, it suits buyers looking for a scarce and representative product in areas such as Salamanca, Chamber\u00ed, Justicia, Jer\u00f3nimos or consolidated districts with singular projects. In Northwest Madrid, it is ideal for families seeking schools, security, a garden and generous spaces. In Monte Mayor, it is a very attractive option for those seeking a contemporary villa in a natural, private setting close to Marbella.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"fully-renovated\">2. Fully renovated property: classic location and contemporary comfort<\/h2>\n\n\n\n<p>A fully renovated property is one of the most interesting options in consolidated prime markets. It allows buyers to purchase in buildings and locations where new-build supply is practically non-existent, while enjoying a home updated in terms of layout, installations, finishes and efficiency.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/www.ketier.com\/wp-content\/uploads\/Piso-Premium-212-Madrid-Cocina-01.webp\" alt=\"Premium renovated kitchen in Madrid\" class=\"wp-image-51818\"\/><\/figure>\n\n\n\n<p>In Madrid city, this category is especially important in neighbourhoods such as Recoletos, Goya, Castellana, Lista, Almagro, Justicia or Jer\u00f3nimos. These are areas where value does not depend only on the interior of the property, but also on the building, the street, the entrance hall, the floor level, orientation, architectural representativeness and neighbourhood lifestyle.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>The great virtue of a renovated home is that it combines a <strong>consolidated location with a contemporary residential experience<\/strong>. The buyer can access a classic building, a representative fa\u00e7ade, high ceilings, balconies, bay windows or valuable architectural features, while enjoying a home already adapted to current standards.<\/p>\n\n\n\n<p>A well-executed full renovation can solve common issues in older homes: outdated electrical systems, old plumbing, poor insulation, overly compartmentalised layouts, small bathrooms, isolated kitchens or a lack of storage space. In addition, in the premium segment, this type of property usually includes high-end kitchens, ducted climate control, en-suite bathrooms, dressing rooms, technical lighting, renewed carpentry and carefully selected finishes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>The main disadvantage is that not all renovations are equal. A home may look impeccable visually while concealing average-quality materials, short-lived solutions or installations that have not been executed with sufficient technical rigour. It is therefore essential to review the specifications, warranties, licences, certificates, climate systems, insulation, carpentry, waterproofing, bathrooms, kitchen and the condition of the building community.<\/p>\n\n\n\n<p>Another disadvantage is that the buyer pays a premium for the renovation already completed. That premium may be justified if the work has been well executed, the design is coherent and the location is excellent; but it may be excessive if a photogenic look has been prioritised over solid technical execution.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>When the property is an existing home transferred as a second or subsequent delivery, the usual tax for the buyer is <strong>Transfer Tax<\/strong> \u2014in Spain, <em>Impuesto sobre Transmisiones Patrimoniales<\/em> or ITP. In the Community of Madrid, the general rate applicable to second-hand residential property is <strong>6%<\/strong>. In Andalusia, for transactions such as a second-hand villa in Monte Mayor, the general rate is <strong>7%<\/strong>.<\/p>\n\n\n\n<p>However, each case should be analysed individually. If the property has undergone a true rehabilitation by a developer or business and the transaction is structured as a first delivery subject to VAT, it could be taxed as a new-build property with VAT and AJD. Therefore, in \u201cfully renovated\u201d homes sold by companies, developers or corporate sellers, it is advisable to confirm before reserving whether the transaction is taxed under ITP or VAT + AJD.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>This is an ideal option for national or international buyers who want to live in Madrid city without taking on building works. It also suits investors looking for a liquid, elegant and easily rentable product in the upper segment, provided that the location and entry price are right.<\/p>\n\n\n\n<p>At Ketier, this profile is common among buyers who value the Salamanca District, Chamber\u00ed or prime areas of Madrid for their patrimonial security, gastronomy, retail, schools, medical services, cultural life and connection to the financial centre.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"renovated-furnished\">3. Renovated and furnished property: ready to move into or rent out<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.ketier.com\/wp-content\/uploads\/Piso-B-Salamanca-2611-Salon-05.webp\" alt=\"Luxury renovated and furnished apartment in the Salamanca District\"\/><figcaption class=\"wp-element-caption\">A renovated and furnished property reduces move-in times and allows the buyer to immediately understand the space, style and potential use.<\/figcaption><\/figure>\n\n\n\n<p>A renovated and furnished property is the most immediate option. The buyer purchases, signs and can move in practically from day one. In the premium segment, this is not simply about \u201cfurniture included\u201d, but about a complete interior design project: lighting, textiles, decorative pieces, bespoke furniture, appliances, styling and a coherent aesthetic narrative.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>Its great advantage is <strong>speed of use<\/strong>. For a foreign buyer, a family relocating to Madrid, an executive who needs immediate housing or an investor who wants to put the property on the rental market as quickly as possible, this type of product significantly reduces implementation time.<\/p>\n\n\n\n<p>It also has a commercial advantage: a well-furnished home is easier to understand. The buyer perceives proportions, uses, atmosphere and possibilities. This can improve both the purchase experience and the property\u2019s future positioning for sale or rental.<\/p>\n\n\n\n<p>In prime Madrid, this type of property can be especially attractive for medium- and long-stay rentals aimed at executives, diplomats, business owners, international families or relocated professionals. In Monte Mayor, a furnished and ready-to-use villa can be very interesting as a luxury second home or as a family lifestyle asset with possible occasional rental use, always subject to a review of regulations and feasibility.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>The risk lies in paying for interior design that does not match the buyer\u2019s taste. Sometimes the furniture adds value; in other cases, the buyer perceives it as an additional cost that will have to be replaced. There is also a risk that decoration may conceal shortcomings in layout, quality or natural light.<\/p>\n\n\n\n<p>Another important point is aesthetic durability. Interior design that is too trend-driven may age quickly. In premium housing, it is advisable to rely on a strong architectural base, noble materials and elegant decoration that is not excessively dependent on passing trends.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>The tax treatment is usually the same as for a renovated property: if it is a second or subsequent transfer, the buyer pays ITP. In Madrid, the general rate is 6%; in Andalusia, the general rate is 7%. If it were a first delivery by a developer, 10% VAT and AJD could apply.<\/p>\n\n\n\n<p>When the property is sold furnished, it is advisable to review how the furniture is documented. In high-end transactions, the value of furniture, artworks, appliances, decorative elements or equipment can be significant. The prudent approach is for the notary, tax adviser and parties to review whether the value of the furniture is itemised and how it is documented, in order to avoid unclear valuations or subsequent problems.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>This is the ideal option for buyers who value time more than personalisation. It also suits investors who want to minimise the period between purchase and income generation, as well as international clients looking for a convenient, turnkey solution with no additional management.<\/p>\n\n\n\n<p>In Madrid city, it works especially well in luxury renovated apartments in Salamanca, Justicia, Chamber\u00ed or Jer\u00f3nimos. In Northwest Madrid, it can be interesting for expatriate families who need to settle in quickly. In Monte Mayor, it is attractive for those who want to enjoy a villa from the first summer without going through architects, purchases, furniture imports or supplier coordination.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"under-renovation\">4. Property undergoing renovation: margin, personalisation and opportunity<\/h2>\n\n\n\n<p>Buying a property undergoing renovation can be a very intelligent alternative. It sits halfway between buying fully renovated and renovating from scratch. The work has already started or been planned, but there is still room to choose certain finishes, modify details, adjust the layout or introduce improvements.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>The main advantage is the <strong>balance between control and convenience<\/strong>. The buyer does not start from zero, but can intervene before everything is closed. This allows the home to be adapted to their lifestyle: changing an open kitchen into a semi-open one, choosing wood tones, modifying lighting, adjusting wardrobes, adding home automation, strengthening insulation, changing appliances or personalising bathrooms.<\/p>\n\n\n\n<p>There may also be more room for negotiation. A property undergoing renovation does not yet show its full potential in photographs, is not ready to move into and requires the buyer to understand the final result. That uncertainty can translate into a better price if the negotiation is handled well.<\/p>\n\n\n\n<p>From an investment perspective, it can be attractive if the buyer manages to enter before the final value has been fully incorporated into the price. In prime areas of Madrid, where finished product usually attracts strong demand, buying during the process can allow the buyer to capture part of the value created by the renovation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>The main risk is execution. It is essential to review who is carrying out the renovation, under which licences, what specifications exist, which timelines are realistic, what penalties apply in the event of delay and what real margin the buyer has to make changes. A verbal promise is not enough: everything should be documented.<\/p>\n\n\n\n<p>Conflicts may also arise if the buyer wants to introduce significant changes when the works are already advanced. Every change can involve additional costs, delays or technical incompatibilities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>The tax treatment depends on how the transaction is structured. If the buyer acquires a second-hand property undergoing renovation, it will usually be subject to ITP on the sale: 6% in Madrid and 7% in Andalusia as general rates. If, on the other hand, the buyer purchases from a developer a rehabilitated property delivered as a first delivery subject to VAT, 10% VAT and AJD may apply.<\/p>\n\n\n\n<p>Additional changes or improvements commissioned by the buyer may be subject to VAT. As a general rule, renovation or repair works are taxed at 21%, although 10% may apply if the requirements established by the Spanish Tax Agency are met: the home is primarily intended for residential use, the recipient is an individual using it privately or a homeowners\u2019 association, the property meets the required age condition, and the value of materials supplied by the contractor remains within the permitted threshold. The specific case should be reviewed before signing budget extensions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>This is a very suitable option for buyers who want to personalise without going through a complete renovation from scratch. It also suits investors with vision, capable of analysing plans, budgets and the final potential.<\/p>\n\n\n\n<p>In Madrid city, it works well in high-end homes undergoing full renovation. In Northwest Madrid, it can be interesting in chalets where the kitchen, landscaping, installations, efficiency or layout can still be adjusted. In Monte Mayor, it can fit villas under construction where the buyer wants to adapt finishes, landscaping, the wellness area, swimming pool, outdoor kitchen or bedroom configuration.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"good-condition\">5. Second-hand property in good condition: buying well and upgrading intelligently<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.ketier.com\/wp-content\/uploads\/Chalet-Prado-del-Rey-Jardin-05.webp\" alt=\"Chalet in good condition with garden in Pozuelo de Alarc\u00f3n\"\/><figcaption class=\"wp-element-caption\">A property in good condition can allow a relatively quick move-in and gradual upgrading, especially in consolidated residential areas.<\/figcaption><\/figure>\n\n\n\n<p>A property in good condition is not necessarily renovated according to today\u2019s criteria, but it does not require a full intervention either. It may need painting, updated lighting, carpentry repairs, bathroom improvements, a partial kitchen update, interior design, furniture, landscaping or minor technical works.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>This category can offer an excellent balance between price, immediate use and improvement potential. The buyer can move in after a reasonable refresh and, over time, renovate in phases according to real needs.<\/p>\n\n\n\n<p>In markets such as Northwest Madrid, this option can be especially interesting. Many single-family homes in Pozuelo, Las Rozas, Boadilla, Monteclaro or Torrelodones have good plots, mature gardens, privacy and very attractive locations, but need aesthetic or energy-efficiency upgrades. If the structure is sound and the property is well maintained, the buyer can acquire a solid asset and improve it progressively.<\/p>\n\n\n\n<p>In Madrid city, a property in good condition can be interesting when the location, building, floor level and natural light are excellent, even if the interior does not yet have a fully contemporary aesthetic language.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>The risk lies in underestimating the cost of upgrading. A home \u201cin good condition\u201d may seem easy to improve, but accumulated small works can become a significant investment: painting, flooring, lighting, bathrooms, kitchen, climate control, wardrobes, windows, home automation, furniture, terraces or garden.<\/p>\n\n\n\n<p>It is also possible that, after living in the property for a few months, the buyer detects needs that were not initially foreseen. This is why it is advisable to carry out a prior technical inspection and distinguish between aesthetic improvements, necessary repairs and future strategic renovations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>As it is normally a second-hand property, the purchase is taxed under ITP. In Madrid, the general rate is 6%; in Andalusia, 7%. Subsequent improvements \u2014painting, minor repairs, bathroom replacement, kitchen upgrades, carpentry or interior design\u2014 will usually be subject to VAT depending on the type of work and provider.<\/p>\n\n\n\n<p>In practice, it is advisable to separate three cost categories: purchase taxes, acquisition expenses and the upgrade budget. In premium homes, an apparently light update can involve a relevant cost if the buyer wants to maintain a level of finishes consistent with the segment: lighting, furniture, textiles, landscaping, climate control, interior carpentry and home technology.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>It is ideal for practical buyers, families who do not want to wait for a full renovation, profiles who value a good location more than immediate design and people who prefer to invest in phases.<\/p>\n\n\n\n<p>It can also be attractive for buyers who want to avoid the premium of a fully renovated product, but do not want to assume the risk of a complex construction process from day one.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"to-renovate\">6. Property to renovate: maximum potential, maximum control and greater risk<\/h2>\n\n\n\n<p>Buying a property to renovate is one of the most powerful strategies in consolidated markets, but also one of the most demanding. It allows the buyer to create a tailor-made home, optimise the layout, improve efficiency, incorporate technology, upgrade specifications and fully adapt the asset to their needs.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"1000\" src=\"https:\/\/www.ketier.com\/wp-content\/uploads\/Piso_Reformar_Salamanca_239_Dormitorio_Principal_01.webp\" alt=\"Property to renovate in the Salamanca District, Madrid\" class=\"wp-image-49880\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>The great advantage is the <strong>potential for value creation<\/strong>. In Madrid city, a property to renovate in a representative building, with good floor level, light, orientation and a prime location, can become an exceptional product. The buyer does not pay for the renovation or the developer\u2019s margin, but instead takes on the process directly and captures part of the added value.<\/p>\n\n\n\n<p>It also offers full freedom. The day area can be reorganised, the kitchen can be opened up, suites can be created, circulation can be improved, a laundry room can be added, storage can be expanded, technical lighting can be designed, materials can be chosen, acoustic and thermal insulation can be improved, home automation can be installed, climate control can be renewed and a home can be created that is fully adapted to the owner\u2019s lifestyle.<\/p>\n\n\n\n<p>In chalets in Northwest Madrid, a full renovation can completely transform a property with a good plot but outdated aesthetics. In Monte Mayor, renovating an existing villa can be an interesting route if the plot, views and implantation are excellent, but the architecture needs updating.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>A full renovation involves budget, timeline and licensing risk. In addition, in older buildings, unexpected issues may arise: structure, downpipes, dampness, communal installations, fa\u00e7ade limitations, heritage protection, noise, accessibility or community restrictions.<\/p>\n\n\n\n<p>In single-family homes, renovation may affect the roof, fa\u00e7ade, insulation, installations, swimming pool, garden, enclosures, drainage, access, garage or energy efficiency. If the intervention is substantial, the buyer must almost act like a developer: project, licences, project management, contractor, payment planning and quality control.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>The purchase of a property to renovate is usually taxed as a second-hand property: ITP at 6% in Madrid or 7% in Andalusia as general rates. The taxation of the renovation itself must then be added. As general guidance, renovation or repair works are subject to 21% VAT, although 10% may apply if the Spanish Tax Agency requirements are met. You can check the official criterion on the AEAT page about <a href=\"https:\/\/sede.agenciatributaria.gob.es\/Sede\/iva\/iva-operaciones-inmobiliarias\/que-tipo-se-aplica-obras-viviendas.html\">VAT rates applicable to works in homes<\/a>.<\/p>\n\n\n\n<p>If the renovation requires a licence or prior declaration, there may also be municipal fees and Construction, Installation and Works Tax \u2014in Spain, <em>Impuesto sobre Construcciones, Instalaciones y Obras<\/em> or ICIO. In the Madrid City Council, ICIO is calculated on the real and effective cost of the work and the rate in force for works started from 2024 is 3.75%, according to the municipal information on <a href=\"https:\/\/agenciatributaria.madrid.es\/portales\/contribuyente\/es\/Tramites\/Impuesto-sobre-Construcciones-Instalaciones-y-Obras-ICIO-Autoliquidacion\/\">ICIO<\/a>. In Pozuelo, Las Rozas, Boadilla, Torrelodones, Benahav\u00eds or other municipalities, the rate and fees must be reviewed case by case.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>This option is suitable for buyers with vision, patience and a technical team. It also suits investors who understand costs, timelines and final product positioning.<\/p>\n\n\n\n<p>It is not the most comfortable alternative, but it is one of the options that can generate the greatest personalisation and, in some cases, higher revaluation. At Ketier, it is usually advisable when the asset has irreplaceable qualities: location, building, plot, views, floor level, orientation, privacy or an architectural base with potential.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"plot-traditional-construction\">7. Buying a buildable plot and building a traditional house<\/h2>\n\n\n\n<p>Buying a plot and building a home from scratch is probably the option with the greatest capacity for personalisation. It allows the buyer to design exactly the house they want: layout, orientation, efficiency, materials, landscaping, swimming pool, garage, privacy, gym, office, guest area, spa, wine cellar or outdoor spaces.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>The advantage is clear: <strong>creating a unique home<\/strong>. In Northwest Madrid, it can be a very attractive alternative for families looking for a definitive house in Pozuelo, La Finca, Monteclaro, Boadilla, Las Rozas or Torrelodones. In Monte Mayor, buying a plot and building allows the buyer to take advantage of views, topography, solar orientation and privacy to design a villa fully integrated into the landscape.<\/p>\n\n\n\n<p>A well-designed traditional house can offer extraordinary architectural quality. It allows the buyer to work with architects, interior designers, landscape designers and engineers from the outset, avoiding compromises inherited from an existing property.<\/p>\n\n\n\n<p>In addition, building from scratch allows increasingly important elements in the premium segment to be planned from the very beginning: energy efficiency, aerothermal systems, solar panels, heat recovery, home automation, security, wellness areas, outdoor kitchen, garage for several vehicles, EV chargers and independent workspaces.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>This is the option with the longest timeline and greatest uncertainty. It requires analysis of buildability, site coverage, setbacks, planning regulations, utility connections, geotechnical conditions, topography, licences, basic design, execution project, technical direction, contractor, cost control, financing and municipal timelines.<\/p>\n\n\n\n<p>It also requires significant involvement from the buyer. Even when delegated to professionals, building a house involves constant decisions. In premium areas, the final cost can also exceed the initial budget significantly if there is no rigorous control.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>Taxation is divided into two main blocks: purchase of the land and construction. When buying the land, if the seller is an individual or the transaction is not subject to VAT, the usual tax is ITP: 6% in Madrid or 7% in Andalusia as general rates. If the land is buildable and the sale is subject to VAT, for example in certain sales by businesses or developers, 21% VAT and AJD may apply. The Spanish Tax Agency addresses real estate VAT exemptions and the distinction between buildable and non-buildable land in its information on <a href=\"https:\/\/sede.agenciatributaria.gob.es\/Sede\/ayuda\/manuales-videos-folletos\/manuales-practicos\/manual-iva-2021\/capitulo-3-entregas-bienes-servicios-profesionales\/entregas-bienes-servic-realizadas-empresarios-profesionales\/operaciones-exentas\/exenciones-operaciones-interiores\/exenciones-inmobiliarias.html\">real estate VAT exemptions<\/a>.<\/p>\n\n\n\n<p>For construction, building or rehabilitation works for buildings primarily intended as residential homes may be subject to 10% VAT when contracted directly between the developer \u2014including a self-promoter\u2014 and the contractor. However, professional services such as architecture, engineering, project management, independent interior design or certain supplies may be subject to 21%. The AEAT provides specific guidance on <a href=\"https:\/\/sede.agenciatributaria.gob.es\/Sede\/iva\/iva-operaciones-inmobiliarias\/que-tipo-se-aplica-obras-viviendas\/obras-construccion-rehabilitacion.html\">VAT on construction and rehabilitation of homes<\/a>.<\/p>\n\n\n\n<p>These amounts must be supplemented with planning licences, municipal fees, ICIO, notary, registry, technical studies, geotechnical report, topography, utility connections, possible guarantees and professional fees. In this type of transaction, the tax and technical cost should be calculated from the first feasibility analysis, not at the end of the project.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>It is ideal for buyers seeking a long-term patrimonial home, who are not in a hurry and want a completely personalised product. It is also suitable for families who cannot find a property on the market that fits their needs.<\/p>\n\n\n\n<p>In Monte Mayor, this option can be particularly interesting for international buyers who want a contemporary architectural villa, privacy, views and a carefully designed relationship between interior, terraces, swimming pool and landscape.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"plot-prefabricated-house\">8. Buying a buildable plot and building a luxury prefabricated home<\/h2>\n\n\n\n<p>Prefabricated housing has evolved enormously. Today it should no longer be associated with basic or temporary solutions. There are high-end industrialised homes with contemporary design, concrete, steel or engineered timber structures, advanced energy efficiency, reduced execution times and premium finishes.<\/p>\n\n\n\n<p>In the luxury segment, it is useful to distinguish between different systems: modular concrete homes, industrialised steel-frame houses, light timber-frame homes, hybrid systems and bespoke industrialised projects. The key is not only the construction system, but the quality of the architectural project, its adaptation to the plot, efficiency, interior design and final execution.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Main advantages<\/h3>\n\n\n\n<p>The main advantage is <strong>control over the construction process<\/strong>. Since a significant part is manufactured in an industrial environment, certain on-site unforeseen events can be reduced, precision can improve and timelines can be shortened. There may also be better control of waste, efficiency and execution quality.<\/p>\n\n\n\n<p>On plots in Northwest Madrid or Monte Mayor, a luxury prefabricated home can offer highly contemporary architecture, large windows, energy efficiency, modular design and a clean implantation on the land.<\/p>\n\n\n\n<p>It can also be interesting for buyers who prefer building over renovating, but do not want to assume the timelines of a fully traditional, highly artisanal construction process.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disadvantages<\/h3>\n\n\n\n<p>A prefabricated home does not eliminate planning regulations. If the home is permanent and residential in use, it must meet technical and administrative requirements like any other building. In other words, it does not avoid the need for a project, licence, planning compliance, utility connections, foundations, technical direction or quality control.<\/p>\n\n\n\n<p>In addition, a luxury prefabricated home is not always cheaper. If the buyer wants large surface areas, basements, swimming pools, retaining walls, premium finishes, home automation, landscaping and bespoke architecture, the cost can come very close to traditional construction.<\/p>\n\n\n\n<p>Another limitation is adaptation to complex plots. In Monte Mayor, for example, topography, views, access and landscape integration are decisive. Not all prefabricated systems adapt equally well to slopes, large cantilevers, basements, semi-buried garages or highly singular architecture.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Taxation for the buyer<\/h3>\n\n\n\n<p>The initial taxation of the land is the same as in traditional construction: ITP if the transfer is not subject to VAT, or 21% VAT + AJD if it is a buildable plot sold in a transaction subject to VAT. In Madrid, the general ITP rate for second-hand real estate is 6%; in Andalusia, the general rate is 7%.<\/p>\n\n\n\n<p>Regarding the prefabricated home itself, the VAT treatment will depend on the contractual structure. If a complete construction work is contracted for a permanent home primarily intended for residential use, it may fall under the reduced 10% rate when the requirements are met. If what is acquired is a supply of modules, materials, transport, partial assembly or independent services, some items may be subject to 21%. In luxury prefabricated housing, it is particularly important to review the contract, invoices, scope of works and tax criterion before closing the transaction.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Ideal target audience<\/h3>\n\n\n\n<p>It is suitable for modern buyers who are sensitive to efficiency, contemporary design and shorter timelines. It also suits those seeking a rational, technological and sustainable luxury home.<\/p>\n\n\n\n<p>It can fit very well on plots in Northwest Madrid or in natural settings such as Monte Mayor, provided that the project adapts to the land and does not simply implant a standard model.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"by-location\">9. Which type of property fits best depending on the location<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Premium neighbourhoods in Madrid city<\/h3>\n\n\n\n<p>In Madrid city, especially in the <strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/living-in-the-salamanca-district-the-ultimate-in-luxury-in-the-heart-of-madrid\/\" title=\"\">Salamanca District<\/a><\/u><\/strong>, <strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/chamberi-madrid-quality-of-life-with-a-true-neighborhood-soul-and-a-premium-standard\/\" title=\"\">Chamber\u00ed<\/a><\/u><\/strong>, Justicia, Jer\u00f3nimos or <strong><u><a href=\"https:\/\/www.ketier.com\/en\/localidad\/madrid\/\" title=\"\">prime central areas<\/a><\/u><\/strong>, available land is scarce and value is closely linked to the location, building, floor level, natural light and representativeness. For this reason, the most interesting options are often renovated, renovated and furnished, under-renovation or to-renovate properties.<\/p>\n\n\n\n<p>New-build supply exists, but it is limited and highly demanded. For buyers who prioritise a classic location, a renovated property in a representative building can offer an excellent combination of patrimonial value and comfort. For investors with technical capacity, a property to renovate in a high-quality building can be an opportunity if the price allows for works, taxes, fees, unforeseen costs and a safety margin.<\/p>\n\n\n\n<p>From a tax perspective, in Madrid city the buyer must clearly distinguish between new-build property \u201410% VAT + AJD\u2014 and second-hand property \u2014general ITP rate of 6%\u2014. In luxury transactions, this difference has a clear impact on the initial capital required to complete the purchase.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Northwest Madrid<\/h3>\n\n\n\n<p>In <strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/pozuelo-de-alarcon-one-of-the-best-places-in-the-world-to-live\/\" title=\"\">Pozuelo<\/a><\/u><\/strong>, <strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/discover-the-la-finca-residential-development-in-pozuelo-de-alarcon-exclusivity-security-and-unique-homes\/\" title=\"\">La Finca<\/a><\/u><\/strong>, <strong><u><a href=\"https:\/\/www.ketier.com\/en\/categoria\/where-to-live\/aravaca-madrid\/\" title=\"\">Valdemar\u00edn<\/a><\/u><\/strong>, Monteclaro, Boadilla, <strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/living-in-las-rozas-de-madrid\/\" title=\"\">Las Rozas<\/a><\/u><\/strong> or in some of its most prestigious residential developments such as <strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/designer-villas-in-las-rozas-golf-club-madrid\/\" title=\"\">Golf Las Rozas<\/a><\/u><\/strong>, <strong><u><a href=\"https:\/\/www.ketier.com\/en\/categoria\/where-to-live\/torrelodenes-en\/\" title=\"\">Torrelodones<\/a><\/u><\/strong>, <a href=\"https:\/\/www.ketier.com\/en\/blog\/living-in-finca-las-marias-torrelodones-madrid\/\" title=\"\"><u><strong>Finca Las Mar\u00edas<\/strong><\/u><\/a> or Majadahonda, the analysis changes. Here, the plot, garden, privacy, schools, access, security, outdoor spaces and family functionality become more important.<\/p>\n\n\n\n<p>New build is very attractive when the buyer is looking for efficiency and low maintenance. Properties in good condition can be excellent if they have a good plot and allow for gradual updating. Homes to renovate offer potential if the location is strong and the structure justifies the investment. Buying a plot and building can be ideal for families who want a definitive and highly personalised home.<\/p>\n\n\n\n<p>From a tax perspective, as these areas are in the Community of Madrid, second-hand property is usually subject to ITP at 6%, while new-build property is taxed under VAT and AJD. If the buyer is considering renovation, extension or self-promotion, VAT on works, licences, municipal fees and ICIO must also be factored in depending on the specific municipality.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Marbella, Benahav\u00eds<\/h3>\n\n\n\n<p><strong><u><a href=\"https:\/\/www.ketier.com\/en\/blog\/living-in-monte-mayor-benahavis-marbella\/\" title=\"\">Benahav\u00eds and especially Monte Mayor<\/a><\/u><\/strong> follow a different logic: privacy, nature, views, low density, architecture integrated into the landscape and proximity to the Marbella-Benahav\u00eds ecosystem. Here, the decision depends heavily on the plot, orientation, views, topography and lifestyle.<\/p>\n\n\n\n<p>A new-build or fully renovated villa can be ideal for international buyers who want to enjoy the property immediately. A villa under construction allows the buyer to personalise finishes and outdoor areas. A plot may be the best option for those who want to create a unique residence with contemporary architecture, an infinity pool, spa, outdoor areas and a carefully designed relationship with the landscape.<\/p>\n\n\n\n<p>From a tax perspective, as it is located in Andalusia, second-hand property is usually subject to ITP at 7%, while new-build property is subject to 10% VAT and AJD, with a general regional rate of 1.2%. For plots, it is important to analyse whether the transfer is subject to ITP or VAT, especially if the seller is a business, developer or company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\">10. Conclusion: there is no best property, only the best strategy for each buyer<\/h2>\n\n\n\n<p>Choosing between a new-build property, a renovated home, a furnished property, a home in good condition, a property to renovate or a plot is not only about budget. It depends on the time available, tolerance for risk, technical knowledge, desire for personalisation, urgency of use, taxation, investment horizon and lifestyle sought.<\/p>\n\n\n\n<p>New build provides efficiency, guarantees and immediate comfort. A renovated property combines a consolidated location with contemporary design. A furnished home reduces timelines and facilitates use or rental. A property undergoing renovation allows personalisation with less uncertainty than a full renovation from scratch. A property in good condition offers balance and gradual improvement potential. A property to renovate can generate significant value, but requires technical control. A plot allows the buyer to create a unique residence, although it requires patience, planning and an excellent team. A luxury prefabricated home can be a modern and efficient alternative, provided it is understood as a real building project and not as an urban-planning shortcut.<\/p>\n\n\n\n<p>In markets such as prime Madrid, Northwest Madrid and Monte Mayor, buying well means understanding not only where the property is located, but also <strong>what potential it has, how much risk it incorporates, what taxation it entails and which type of buyer it truly suits<\/strong>.<\/p>\n\n\n\n<p>At <strong>Ketier<\/strong>, we accompany our clients through that analysis: location, product, real condition, renovation potential, future value, liquidity, taxation, negotiation and alignment with their lifestyle. Because in the high-end real estate market, the best purchase is not always the newest or the most renovated, but the one that combines location, quality, vision and strategy.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-small-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/www.ketier.com\/en\/contact\/\" style=\"border-top-left-radius:0px;border-top-right-radius:0px;border-bottom-left-radius:0px;border-bottom-right-radius:0px\">Contact Ketier<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Choosing a home is not only about selecting a location or comparing square metres. In high-end residential markets such as the premium neighbourhoods of Madrid city, Northwest Madrid or Monte Mayor, in Benahav\u00eds (Marbella), the real value of a purchase also depends on the condition of the property, taxation, the time available to enjoy it, [&hellip;]<\/p>","protected":false},"author":1,"featured_media":51936,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[415,414,417],"tags":[466,566,472,479],"class_list":["post-51940","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal-procedures","category-real-estate","category-where-to-live","tag-house-price","tag-housing-taxes","tag-luxury-homes","tag-luxury-houses"],"aioseo_notices":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/posts\/51940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/comments?post=51940"}],"version-history":[{"count":1,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/posts\/51940\/revisions"}],"predecessor-version":[{"id":51941,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/posts\/51940\/revisions\/51941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/media\/51936"}],"wp:attachment":[{"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/media?parent=51940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/categories?post=51940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ketier.com\/en\/wp-json\/wp\/v2\/tags?post=51940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}